Ethiopia's EV Market Sees Leap Forward with a 30% Market Share Target by 2030

2024/05/13
NEV, General News, Market Data
-
The Ethiopian government has announced significant progress in its electric vehicle (EV) market, reaching over 100,000 EVs in just two years. The ten-year target has been raised to 500,000 vehicles. With plans to ban internal combustion engine (ICE) vehicle imports, Ethiopia aims to save foreign currency and promote EV adoption. The country's low electricity costs are conducive to EV proliferation. Additionally, tax incentives for EVs are provided to boost local assembly and component manufacturing.
Click original text link for more information
CleanTechnica
Hot News
Mercedes-AMG GT SUV World Premiere – First Native Pure EV High-Performance SUV
Mercedes-AMG unveiled the AMG GT SUV at its 140th anniversary celebration in Stuttgart – the brand's first native pure EV high-performance SUV since becoming independent, built on the exclusive AMG.EA platform. Positioned as a mid-to-large pure EV high-performance SUV, it directly targets the Porsche Cayenne Turbo Electric, with global deliveries starting in early 2027. Three variants are offered: GT 63, GT 55 and GT 53. The GT 63 and GT 55 use three axial-flux motors (1 front, 2 rear) producing a combined 860kW (1,169HP) with ~2,000Nm torque, achieving 0-100km/h in ~2.5s and 0-200km/h in 6.8s at 270km/h top speed. Battery options are 106kWh and 128kWh with 800V architecture delivering up to 700km WLTP range, and 710kW charging adds 450km in just 10 minutes.
Jetta M6 to Officially Launch on Oct 22, Starting from 80,800 Yuan with Urban NOA
Jetta's new all-electric mid-size sedan M6 is set to launch on Oct 22 with limited pre-sale range 80,800-99,800 yuan. Built on Jiesi EV architecture with 0.208 drag coefficient, it delivers maximum 555km CLTC range, equipped with Horizon Robotics Journey 6M chip to support urban NOA, making it a rare 100,000-yuan EV with high-level ADAS.
BMW iX7 Spied at Nürburgring – Still CLAR-Based, Dual Motor 578HP
The camouflaged BMW iX7 has been spotted at the Nürburgring conducting dynamic performance and durability testing, with its debut expected in 2027. Despite not adopting the Neue Klasse pure EV platform, the iX7 remains CLAR-based and won't feature the closed-off front face seen on the new iX3 and iX5. It carries over the split-headlight design of the X7 while gaining new-generation body surfacing and electric hidden door handles. The iX7 will nonetheless get the latest cockpit and powertrain, expected to share motor configurations with the iX5 for 578HP in dual-motor form, with a higher-positioned M-branded performance variant possible. A larger battery exceeding 110kWh is also anticipated for improved long-distance range.
4
Omoda X Global Debut – Brand's First Off-Road Crossover with BEV, PHEV and HEV Options
The Omoda X made its global debut at Chery's International User Summit in Wuhu, China, featuring the brand's new "Crossvolution" design language blending Cyber Mecha aesthetics with off-road cues as the brand's first rugged crossover. Dimensions are 4,654×1,920×1,702mm with a 2,700mm wheelbase. Off-road specs include 200mm ground clearance, 700mm wading depth and 1,800kg towing capacity, plus a self-healing Progloss Plus clearcoat finish. The interior features an X-shaped cockpit with a 10.25-inch digital cluster and 13.2-inch center screen, plus a thermal imaging system (90m night vision range) and Open Mic karaoke without microphone. Three powertrains will be offered: BEV (74kWh battery), PHEV (20kWh battery) and HEV. The PHEV may use the SHS-P system (1.5T + motor, 279HP combined). Production timing and Malaysia availability remain undisclosed.
5
2027 Geely Binyue Super Edition to Launch on Oct 27, Upgraded Cabin with Flyme Auto Infotainment
The 2027 Geely Binyue Super Edition is scheduled to launch on October 27 with current price range 66,800-78,800 yuan. It features new storm-style vertical grille, upgraded cabin with floating central screen and Flyme Auto infotainment, standard 540° panoramic camera, retaining 1.5L NA engine mated to 5MT and 8-speed simulated CVT.
6
New Land Rover Range Rover Test Spy Photos Exposed with Minor Tweaks and Upgraded Interior
Spy photos of the new Land Rover Range Rover engineering test vehicle have been released. It only features minor tweaks to the grille and internal lamp structure, retains the classic side and rear design, and will be upgraded with a curved central control screen. The flagship variant continues to carry BMW's 4.4T twin-turbo V8 mild-hybrid engine with 615hp maximum power.
Copyright © RUNTO TECH LIMITED. All rights reserved.